5020 SE 40TH STREET Ocala, FL $ 649,900
5020 SE 40TH STREET
$ 649,900
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5020 SE 40TH STREET

Ocala, FL, 34480
$ 649,900
Bedrooms4 Baths3.0 Sq 2,629

Monthly Estimate*

$ 4,104

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Single Family Home for sale in Ocala, FL

for $649,900 with 4 bedrooms and 3 full baths. This 2,629 square foot home was built in 2005 on a lot size of 0.68.

Welcome to a beautifully updated 4-bedroom, 3-bath home with a dedicated office, offering an impressive combination of style, functionality, and major recent upgrades. Step inside to soaring 12-foot ceilings and a warm gas-log fireplace. At the heart of the home is a completely remodeled kitchen, featuring two islands, new cabinetry, quartz countertops, a marble backsplash, and high-end appliances—including a 6-burner gas cooktop and stove. Every bedroom is also equipped with a custom closet system for exceptional storage and organization. Outside, enjoy your own private retreat with a newly resurfaced pool (2026) backed by a 10-year warranty and a newly screened pool enclosure. The irrigation system is supplied by a dedicated well, helping keep the landscaping beautiful without relying on the home's primary water source. Major improvements have already been taken care of, including a new tankless water heater (2026), new HVAC system (2025), and new roof with added insulation (2024). For RV and recreational enthusiasts, the property offers an oversized parking pad with 50-amp power for an RV or other recreational toys, plus an additional 220V hookup in the garage. Located in one of southeast Ocala's most desirable gated neighborhoods.

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Single Family Active

Price

$ 649,900

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 7,760

Style

Single Family Residence

Lot Size

0.68

Year Built

2005

Town/City

Ocala

County/Region

Marion

MLS | Web ID

OM731673

Features
General
Sewer Septic Tank
Heating Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Sprinkler Well
Roof Shingle
Appliances Cooktop Dishwasher Microwave Range Range Hood Refrigerator
Zoning R1
HOA Fee 600
Garage Spaces 2
Patio/Porch Features Enclosed Screened
Pool Features Gunite In Ground Lighting
Construction Materials Stucco
Pets Allowed Yes
Year Built 2005
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Annually
County Marion
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SUMMERTON SOUTH
Facing Direction Northeast
Garage Y/N true
Other Structures Shed(s)
Total Rooms 12
Full Baths 3
Status Active
Directions From I-75 head East on State Road 200. Turn right onto 17th Street. Turn Left onto SE 38th Street and then Right into Summerton South Subdivision which is SE 52nd Avenue. Turn Right onto SE 39th Loop and then Right onto SE 40th Street.
High School Forest High School
City OCALA
Association Name Vine Managment
Senior Community Y/N false
MLS Area 34480 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 29621
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Maplewood Elementary School-M
Land Lease Y/N false
Tax Annual Amount 7760
Middle/Junior High School Osceola Middle School
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 18
Legal Description SEC 36 TWP 15 RGE 22 PLAT BOOK 006 PAGE 048 SUMMERTON SOUTH BLK A LOT 18
Minimum Lease 1-2 Years
Water Access Y/N false
Monthly HOA Amount 50
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Y
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding High Ceilings Solid Surface Counters
Flooring Carpet Tile
Furnished Y/N Unfurnished
Fireplace Features Gas
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Irrigation System Outdoor Shower Private Yard Rain Gutters RV Hookup Storage
Fencing Fenced
Lot Features Cul-De-Sac Sidewalk
Water Source Public Well
Lot Size Area 29621
Foundation Details Slab
Building Area Total 3875
Lot Size Acres 0.68
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Next Generation Realty Of Marion County

Broker

kgbenefield@gmail.com

Email

Affordability Calculator

$4,750
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Forest High School High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$649,900 Listed Price

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5020 SE 40TH STREET, Ocala, FL, 34480 is a Single Family Home for sale at $649,900 with 2,629 sqft and a lot size of 0.68. 5020 SE 40TH STREET has 4 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 34480 which is in Ocala, FL